Economic Analysis and Infrastructure Investment

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  • Economic Analysis and Infrastructure Investment Book Detail

  • Author : Edward L. Glaeser
  • Release Date : 2021-11-11
  • Publisher : University of Chicago Press
  • Genre : Business & Economics
  • Pages : 479
  • ISBN 13 : 022680058X
  • File Size : 26,26 MB

Economic Analysis and Infrastructure Investment by Edward L. Glaeser PDF Summary

Book Description: "Policy-makers often call for expanding public spending on infrastructure, which includes a broad range of investments from roads and bridges to digital networks that will expand access to high-speed broadband. Some point to near-term macro-economic benefits and job creation, others focus on long-term effects on productivity and economic growth. This volume explores the links between infrastructure spending and economic outcomes, as well as key economic issues in the funding and management of infrastructure projects. It draws together research studies that describe the short-run stimulus effects of infrastructure spending, develop new estimates of the stock of U.S. infrastructure capital, and explore the incentive aspects of public-private partnerships (PPPs). A salient issue is the treatment of risk in evaluating publicly-funded infrastructure projects and in connection with PPPs. The goal of the volume is to provide a reference for researchers seeking to expand research on infrastructure issues, and for policy-makers tasked with determining the appropriate level of infrastructure spending"--

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Public spending on infrastructure plays an important role in promoting economic growth and poverty alleviation. Empirical studies unequivocally show that under-